# Why several Asian economies brought in agri export curbs in 2022 | Explained News - The Indian Express

> Governments across Asia introduced export curbs on farm and energy products in 2022 to limit supply shortfalls and rising prices after the Russia-Ukraine war. Indonesia banned palm oil and related product exports for three weeks in April and May. India's restrictions on rice, wheat and sugar are also covered.

- Date: 2022-09-12 · published 2022-09-12T12:00:00.000Z
- Category: policy · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/39560-why-several-asian-economies-brought-in-agri-export-curbs-in-2022-explained-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Multiple export curbs across major exporters tighten global supply of vegetable oils and grains, which supports palm oil and rice prices. Traders face disrupted trade flows and higher prices.

## Read by commodity

- RICE: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-09-11 | [What government curbs on exporting rice mean for India and the world \| Explained News - The Indian Express](https://feedsoft.ai/events/39668-what-government-curbs-on-exporting-rice-mean-for-india-and-the-world-explained.md) | +2.9% | -2.9% |
| RICE | 2023-10-29 | [India bans exports of some rice varieties: How this has impacted prices globally, in the country \| Explained News - The Indian Express](https://feedsoft.ai/events/33580-india-bans-exports-of-some-rice-varieties-how-this-has-impacted-prices-globally.md) | -0.0% | +6.3% |
| RICE | 2018-07-04 | [Against the grain: Throwing caution to the winds \| India News - The Indian Express](https://feedsoft.ai/events/63994-against-the-grain-throwing-caution-to-the-winds-india-news-the-indian-express.md) | -1.6% | -1.0% |
| RICE | 2022-05-26 | [Sugar exports: India's curbs on wheat and sugar exports spark concern that rice may be next - The Economic Times](https://feedsoft.ai/events/41367-sugar-exports-india-s-curbs-on-wheat-and-sugar-exports-spark-concern-that-rice.md) | -0.6% | -6.0% |
| RICE | 2023-12-21 | [India's agri exports may stay flat in FY24 due to ban on wheat, rice, sugar \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/32644-india-s-agri-exports-may-stay-flat-in-fy24-due-to-ban-on-wheat-rice-sugar.md) | -1.2% | +1.2% |
| PALMOIL | 2023-11-02 | [Palm oil rises by more than 2% as Indonesia extends export curbs - Markets - Business Recorder](https://feedsoft.ai/events/33278-palm-oil-rises-by-more-than-2-as-indonesia-extends-export-curbs-markets.md) | +4.1% | +6.2% |
| PALMOIL | 2021-09-15 | [Ahead of state polls, govt takes steps to control food inflation \| Pune News - The Indian Express](https://feedsoft.ai/events/45020-ahead-of-state-polls-govt-takes-steps-to-control-food-inflation-pune-news-the.md) | -0.8% | +11.1% |
| PALMOIL | 2022-01-24 | [Indonesian UCO exporters to contest new export rules 24.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/15851-indonesian-uco-exporters-to-contest-new-export-rules-24-01-2022-ukragroconsult.md) | +0.6% | +8.0% |

## Sources

- indianexpress.com: https://indianexpress.com/article/explained/explained-economics/asian-economies-2022-agri-export-curbs-explained-8147137/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.